Mood in the German sawmill industry remains gloomy as demand in construction industry is poor

The assessment of the current situation in the German wood industry fell significantly in October to -29.9 points (previous month: -22.1 points). The outlook for the next six months, however, brightened significantly; the current value was recently at -33 points (previous month: -40.3 points). Overall, the The Main Association of the German Wood Industry (HDH) economic indicator remained unchanged at –31.5 points in October (previous month: –31.5 points). Compared to the entire manufacturing sector, the business climate in the German wood industry was again significantly weaker. The value calculated by the Munich-based Ifo ...